Ethereum is currently positioned in what many technical analysts view as the fifth wave of an extended uptrend cycle initiated last April. This wave analysis framework suggests significant growth potential ahead.
Based on Elliott Wave theory and current market structure, the primary price target for ETH stands at $5,413. Should momentum continue and market conditions remain favorable, a more bullish scenario targets $7,155.
These forecasts come from technical analysis perspectives focused on Ethereum's long-term market structure and wave progression patterns.
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Ethereum is currently positioned in what many technical analysts view as the fifth wave of an extended uptrend cycle initiated last April. This wave analysis framework suggests significant growth potential ahead.
Based on Elliott Wave theory and current market structure, the primary price target for ETH stands at $5,413. Should momentum continue and market conditions remain favorable, a more bullish scenario targets $7,155.
These forecasts come from technical analysis perspectives focused on Ethereum's long-term market structure and wave progression patterns.